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estimation now trading in the low 50s, moves to the upper 50s, it's digesting the negativity surrounding sandy and its geographic location well. they've got the cash in hand to fund this. this is a solid company. >> dennis gould is sitting at 1700, not talking about a special dividend here but is it going to pay dividends to own gold? >> i think owning gold in dollars has been a bad trade for a while. i'm bullish for gold in non-u.s. dollar terms, in yen terms and if you own gold in yen terms over the course of the last two months you are profitable. somebody owns gold in dollar terms is down several points. gold is nothing more than another currency, crossed against other currencies and there's nothing spectacular about gold, it's just a currency. >> call it a slick slide for oil, crude falling 2% nearing its lowest level in three weeks. for more let's go to jackie deangelis, the host of "futures now." >> crude having a tough day, the question is why. look at this chart dollar strength is causing major pain for oil, our question today is there more to selling than just the dollar rally? let's
estimation now trading in the low 50s, moves to the upper 50s, it's digesting the negativity surrounding sandy and its geographic location well. they've got the cash in hand to fund this. this is a solid company. >> dennis gould is sitting at 1700, not talking about a special dividend here but is it going to pay dividends to own gold? >> i think owning gold in dollars has been a bad trade for a while. i'm bullish for gold in non-u.s. dollar terms, in yen terms and if you own gold in...
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>> reporter: sea levels rising in vulnerable coastal communities means even more after a storm like sandy. and we learned today that the white house is requesting $50 billion to cover the damage from that epic storm but the states involved, diane, say that just isn't going to be enough. >> these bulletins just keep coming. >> reporter: right. and they keep finding these reports and records. and they will. we started records in 1979 in sea ice melt. they will keep changing. and the man i talked to, he anticipates more. >> even more. okay, thank you so much, ginger. >>> now, we turn to the news tonight that a lot of ordinary americans have been put on notice, as we approach that fiscal cliff, just 27 days away. people who are already having trouble finding a job are receiving a letter of warning about something to happen to them if congress can't make a deal. and abc's jonathan karl has that. >> reporter: melinda vega has been put on notice. if congress and the president don't get their act together, her unemployment checks will stop immediately at the end of the year. >> we're dependent on
>> reporter: sea levels rising in vulnerable coastal communities means even more after a storm like sandy. and we learned today that the white house is requesting $50 billion to cover the damage from that epic storm but the states involved, diane, say that just isn't going to be enough. >> these bulletins just keep coming. >> reporter: right. and they keep finding these reports and records. and they will. we started records in 1979 in sea ice melt. they will keep changing. and...
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now for our "making a difference" report, it is another night of struggle for all of the hurricane sandy victims, all over this part of the country. folks are still looking for homes and apartments to live in until they're back on their feet. they're getting help every day, including fresh arrivals who know what suffering is like because they have been there themselves like because they have been tonight's stephanie gosk has more on first responders in new orleans, making a difference up north. >> reporter: starting the day after a hurricane is a physical and emotional job. firefighters from new orleans who lived through hurricane katrina six years ago remember it well. >> i know what the people up here are going through, they're like how am i going to get this? >> reporter: they also remembered that the new york fire department was on the door steps helping just days after the levees broke. this captain's house flooded up to the roof. >> that was the biggest thing. >> reporter: now the firefighters from new orleans want to repay the favor. >> any country, any state. it is a connection b
now for our "making a difference" report, it is another night of struggle for all of the hurricane sandy victims, all over this part of the country. folks are still looking for homes and apartments to live in until they're back on their feet. they're getting help every day, including fresh arrivals who know what suffering is like because they have been there themselves like because they have been tonight's stephanie gosk has more on first responders in new orleans, making a difference...
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Dec 6, 2012
12/12
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as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this number is going to tell us nothing tomorrow? > know there's going to be a lot of discussion about it. i'll stick to my guns, it's a 125 to 150 economy growth some of that could be sandy. i don't donknow if you want to k about that chart. this looks at the net effect acceptable. if 30% say it's acceptable and 20% say -- these are what we asked people. how many is that? that's five of eight different solutions. >> people say, yes, we're okay dealing with the fiscal cliff, if you raise taxes on those who make more than $250,000 and then you cap deductions, and virtually everything else is off the table. >>
as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this...
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. >> we might get a free pass, sandy pass no mat what they are. if they're disas truss it was sandy. if the economy is great --. ashley: so difficult to trade in this environment right now. >> it is so difficult to trade. people have to be very aware. that is the key word you use, trade. do you want to be a trader or do you want to be an investor? so many people tell me, charles, i don't want to be trader. they buy at 30, goes to 28.04, oh, my god i need to sell it, i'm losing my shirt!. what the heck. i thought you didn't want to be a trader? one of the reasons i'm getting a little bit bullish about the market in general. i'm a individual stock guy. i don't like to do the macro thing. i like the way the market acts. we've seen a shaking out of the weak sisters. we had the market pull back sharply. we saw the pullback in apple. weak holders of stocks, weak sisters have for the most part been shaken out. it would take disasterous news --. ashley: talking about disaster, what if we went over the cliff? >> if we did go over the cliff and saw the mark
. >> we might get a free pass, sandy pass no mat what they are. if they're disas truss it was sandy. if the economy is great --. ashley: so difficult to trade in this environment right now. >> it is so difficult to trade. people have to be very aware. that is the key word you use, trade. do you want to be a trader or do you want to be an investor? so many people tell me, charles, i don't want to be trader. they buy at 30, goes to 28.04, oh, my god i need to sell it, i'm losing my...
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Dec 6, 2012
12/12
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. >> hurricane sandy. >> obviously new jersey still needs help. and he's not helping his political career doing that. a general election, yes. but he does have to face conservative threats in the primaries, not the best way. >> a cynical view of this -- >> sorry. it's holiday season but it's true. >> that's why we have you here. you call it like it is, my friend. that's all for us. thank you. we have to go. but i'll see you back leer tomorrow at noon eastern, 9:00 a.m. pacific joined by ben white, joan walsh, ben smith and msnbc's very own chris heys. until then, follow us on twitter -- wow, having a hard time with the teleprompter. "andrea mitchell reports" next. chris cillizza is filling in for her. good afternoon, mr. cillizza. >> i don't know what those words mean but assume they're compliments. >> $5 compliments. >> i'll take them. >> coming up next on "andrea mitchell reports," jim demint is out. the tea party leader announces his departure from congress. what does it mean for the senate and the future of the republican party? chuck todd, go
. >> hurricane sandy. >> obviously new jersey still needs help. and he's not helping his political career doing that. a general election, yes. but he does have to face conservative threats in the primaries, not the best way. >> a cynical view of this -- >> sorry. it's holiday season but it's true. >> that's why we have you here. you call it like it is, my friend. that's all for us. thank you. we have to go. but i'll see you back leer tomorrow at noon eastern, 9:00...